Job protection reform in India

Sean Dougherty, Veronica Frisancho, Kala Krishna, 8 May 2014

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India has some of the more restrictive labour laws in the world, but a large informal sector to which these do not apply. Therefore, firms thinking of growing in size and becoming formal must trade off the advantages of size with the disadvantages of facing regulations. This dilemma keeps Indian firms small and informal unless they have a lot to gain by growing, i.e.

Topics: Labour markets
Tags: India, labour market reform

Avoiding middle-income growth traps

Pierre-Richard Agénor, Otaviano Canuto, Michael Jelenic, 21 December 2012

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In the postwar era, many countries have managed to quickly reach middle-income status, but few have gone on to become high-income economies1. Rather, after an initial period of rapid ascent, many countries have experienced a sharp slowdown in growth and productivity, falling into what has been called a ‘middle-income trap’:

Topics: Development, International trade, Labour markets, Productivity and Innovation
Tags: income, innovation, investment, labour market reform, middle income

Ending the scourge of dual labour markets in Europe

Samuel Bentolila, Tito Boeri, Pierre Cahuc, 12 July 2010

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Never before has a crisis been so concentrated on youth in a large part due to labour market dualism – i.e. situations where there is a big difference between temporary- and permanent-contract workers. During this crisis there has not only been a hiring freeze but also mass layoffs of temporary-contract workers (typically held by younger workers).

As a result:

Topics: Europe's nations and regions, Labour markets, Welfare state and social Europe
Tags: Dualism, Eurozone crisis, labour market reform

France: The price of suspicion

Yann Algan, Pierre Cahuc, 25 November 2007

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Topics: Labour markets
Tags: competition, France, labour market reform, mistrust, retirement policy

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